As per the latest update, IFSC Codes of the amalgamated bank i.e. Syndicate Bank is going to be changed with effect from 1st July 2021. Nirmala Sitharaman, the Finance Minister of India, announced the consolidation of Syndicate Bank with Canara Bank in April 2019 which came into effect in 2020. The Reserve Bank of India…
ICICI Bank has tied up with SWIFT to offer instant facility for cross-border inward remittances as per the press release on 2nd June 2021. This facility aids in helping the overseas partner banks to instantly send remittances on behalf of their customers to the Indian beneficiaries. Let us have a look at the key benefits…
Most households in India have gold articles lying idle in their lockers. But the good news is that they can be put to good use when you need it the most. When in an urgent need for money, you can use your gold articles to fund your immediate financial requirements. Not by selling your gold,…
Even if you have a low credit score, a good amount of gold can help you get out of a financial emergency. Like personal loans, no lending institution has defined the purpose for which gold loan can be used. Whether you have to fund a family vacation abroad, destination wedding, child’s higher education or any…
India is one of the largest consumers of gold in the world. As per the World Gold Council (WGC), the annual gold demand in India from 1987 until 2016 has increased by 804%. And the trend does not seem to die anytime soon. The precious metal other than being used for industrial, commercial and investment…
